HONG KONG: Blackstone Group LP is readying a new Asia-focused real estate fund that aims to raise a record $5 billion or more, betting on strong returns from property investments in the region, people familiar with the plans told Reuters. The world’s biggest alternative asset manager will likely launch the ... Read More »

A major health-services company is revamping the employee wellness and care-management programs supplied to its clients after a yearslong study of who actually benefits from calls offering health advice. Equity Healthcare, owned by private-equity giant Blackstone Group, helps shape the health benefits of around 280,000 people. It is sharply cutting ... Read More »